July 17, 2024

AndronETalksNews

AndronETalksNews

Biden signs bipartisan infrastructure bill into law

CNN

By Maureen Chowdhury, Meg Wagner, Melissa Macaya, Melissa Mahtani and Mike Hayes, CNN

Updated 5:53 p.m. ET, November 15, 2021
 
The bipartisan infrastructure bill has now been signed into law by President Biden. Congress passed the $1.2 trillion infrastructure package on Nov. 5, approving a signature part of Biden’seconomic agenda.

Here’s a look at some key things that are in the package:

Funding for roads and bridges: The bill calls for investing $110 billion for roads, bridges and major infrastructure projects. That’s significantly less than the $159 billion that Biden initially requested in the American Jobs Plan.

Included is $40 billion for bridge repair, replacement and rehabilitation, according to the bill text. The White House says it would be the single, largest dedicated bridge investment since the construction of the interstate highway system, which started in the 1950s.

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